Overview Performance Dividends Correlations

3 Stock and 97 ETF MMD (MainStay MacKay DefinedTerm Municipal Opportunities Fund) alternatives

The most close MMD (MainStay MacKay DefinedTerm Municipal Opportunities Fund) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.8819.

Stocks that highly correlated with MMD

Symbol	Name	Market cap	Sector	Industry	Correlation
RMM	RiverNorth Managed Duration Municipal Income Fund Inc	$286M	Financial Services	Asset Management	0.82
RFMZ	RiverNorth Flexible Municipal Income Fund II Inc	$312M	Financial Services	Asset Management	0.80
COF-P-I	Capital One Financial Corp	$11B	N/A	Other	0.80

ETFs that highly correlated with MMD

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.88
XMPT	VANECK CEF MUNI INCOME ETF	$206M	1.97%	Jul 12, 2011	0.88
TAXM	BondBloxx ETF Trust IRM TaxAware ETF for Massachusetts Residents	$31M	0.35%	Mar 11, 2025	0.87
TXXI	BondBloxx ETF Trust IRM TaxAware Intermediate Duration	$29M	0.35%	Mar 11, 2025	0.86
RTAI	RAREVIEW TAX ADVANTAGED INCOME ETF	$18M	4.59%	Oct 20, 2020	0.86
PMO	Putnam Municipal Opportunities Trust	$310M	N/A	N/A	0.86
TAXF	AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF	$627M	0.27%	Sep 10, 2018	0.85
INCM	Franklin Income Focus ETF	$1.50B	0.38%	Jun 6, 2023	0.85
JMUB	JPMorgan Municipal ETF	$7.50B	0.18%	Oct 29, 2018	0.85
MFM	MFS Municipal Income Trust	$246M	N/A	N/A	0.85
NAN	Nuveen New York Quality Municipal Income Fund	$367M	N/A	N/A	0.85
IQI	Invesco Quality Municipal Income Trust	$534M	N/A	N/A	0.85
OVM	OVERLAY SHARES MUNICIPAL BOND ETF	$36M	0.81%	Sep 30, 2019	0.85
NRK	Nuveen New York AMT-Free Quality Municipal Income Fund	$941M	N/A	N/A	0.84
CXE	MFS High Income Municipal Trust	$130M	N/A	N/A	0.84
EVN	Eaton Vance Municipal Income Trust	$429M	N/A	N/A	0.84
HMOP	HARTFORD MUNICIPAL OPPORTUNITIES ETF	$740M	0.29%	Dec 13, 2017	0.84
NVG	Nuveen AMT-Free Municipal Credit Income Fund	$2.70B	N/A	N/A	0.84
FLMI	FRANKLIN DYNAMIC MUNICIPAL BOND ETF	$2B	0.30%	Aug 31, 2017	0.84
FMB	FIRST TRUST MANAGED MUNICIPAL ETF	$2B	0.39%	May 13, 2014	0.84
IYRI	NEOS REAL ESTATE HIGH INCOME ETF	$259M	0.68%	Jan 14, 2025	0.84
PMM	Putnam Managed Municipal Income Trust.	$287M	N/A	N/A	0.84
MUA	BlackRock Muniassets Fund Inc	$564M	N/A	N/A	0.84
MUST	COLUMBIA MULTI-SECTOR MUNICIPAL INCOME ETF	$594M	0.23%	Oct 10, 2018	0.84
MYI	BlackRock MuniYield Quality Fund III Inc	$1.40B	N/A	N/A	0.84
BSMT	INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF	$260M	0.18%	Sep 25, 2019	0.84
VKQ	Invesco Municipal Trust	$556M	N/A	N/A	0.84
BGIG	BAHL & GAYNOR INCOME GROWTH ETF	$2.10B	0.45%	Sep 14, 2023	0.84
MHD	BlackRock MuniHoldings Fund Inc	$2.20B	N/A	N/A	0.84
RVNU	XTRACKERS MUNICIPAL INFRASTRUCTURE REVENUE BOND ETF	$136M	0.15%	Jun 4, 2013	0.83
NYF	ISHARES NEW YORK MUNI BOND ETF	$1.30B	0.09%	Oct 4, 2007	0.83
NAD	Nuveen Quality Municipal Income Fund	$2.80B	N/A	N/A	0.83
MUNI	PIMCO INTERMEDIATE MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND	$2.90B	0.35%	Nov 30, 2009	0.83
AFB	AllianceBernstein National Municipal Income Fund Inc	$345M	N/A	N/A	0.83
MUB	ISHARES NATIONAL MUNI BOND ETF	$44B	0.05%	Sep 7, 2007	0.83
NZF	Nuveen Municipal Credit Income Fund	$2.40B	N/A	N/A	0.83
FSMB	FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF	$599M	0.34%	Nov 1, 2018	0.83
MBND	SPDR NUVEEN MUNICIPAL BOND ETF	$27M	0.40%	Feb 4, 2021	0.83
MFLX	FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF	$19M	0.75%	Sep 27, 2016	0.83
VGM	Invesco Trust for Investment Grade Municipals	$561M	N/A	N/A	0.83
OIA	Invesco Municipal Income Opportunities Trust	$296M	N/A	N/A	0.83
PML	Pimco Municipal Income Fund II	$1B	N/A	N/A	0.83
ITM	VANECK INTERMEDIATE MUNI ETF	$2.20B	0.18%	Dec 4, 2007	0.83
MUC	BlackRock MuniHoldings California Quality Fund Inc	$1.50B	N/A	N/A	0.83
LEO	BNY Mellon Strategic Municipals Inc	$427M	N/A	N/A	0.83
MUJ	BlackRock MuniHoldings New Jersey Quality Fund Inc	$669M	N/A	N/A	0.83
BSMR	INVESCO BULLETSHARES 2027 MUNICIPAL BOND ETF	$337M	0.18%	Sep 25, 2019	0.83
NXJ	Nuveen New Jersey Quality Municipal Income Fund	$512M	N/A	N/A	0.83
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND ETF SHARES	$46B	0.03%	Aug 21, 2015	0.82
SBI	Western Asset Intermediate Muni Fund Inc	$119M	N/A	N/A	0.82
PWZ	INVESCO CALIFORNIA AMT-FREE MUNICIPAL BOND ETF	$1.10B	0.28%	Oct 11, 2007	0.82
NEA	Nuveen AMT-Free Quality Municipal Income Fund	$3.50B	N/A	N/A	0.82
MFSM	MFS ACTIVE INTERMEDIATE MUNI BOND ETF	$93M	0.34%	Dec 4, 2024	0.82
FMN	Federated Hermes Premier Municipal Income Fund	$97M	N/A	N/A	0.82
DFNM	DIMENSIONAL NATIONAL MUNICIPAL BOND ETF	$2.10B	0.17%	Nov 15, 2021	0.82
MNBD	ALPS \| BBH INTERMEDIATE MUNICIPAL BOND ETF	$55M	0.44%	May 19, 2022	0.82
FCAL	FIRST TRUST CALIFORNIA MUNICIPAL HIGH INCOME ETF	$205M	0.49%	Jun 20, 2017	0.82
NAC	Nuveen California Quality Municipal Income Fund	$1.90B	N/A	N/A	0.82
MINO	PIMCO MUNICIPAL INCOME OPPORTUNITIES ACTIVE EXCHANGE-TRADED FUND	$624M	0.39%	Sep 8, 2021	0.82
PZT	INVESCO NEW YORK AMT-FREE MUNICIPAL BOND ETF	$130M	0.28%	Oct 11, 2007	0.82
MQY	BlackRock MuniYield Quality Fund Inc	$1.90B	N/A	N/A	0.82
VKI	Invesco Advantage Municipal Income Trust II	$397M	N/A	N/A	0.82
MMIT	NYLI MACKAY MUNI INTERMEDIATE ETF	$1.60B	0.30%	Oct 18, 2017	0.82
INMU	BlackRock Intermediate Muni Income Bond ETF	$458M	0.30%	Mar 16, 2021	0.82
HYMB	SPDR(R) NUVEEN BLOOMBERG HIGH YIELD MUNICIPAL BOND ETF	$2.90B	0.35%	Apr 13, 2011	0.82
MLN	VANECK LONG MUNI ETF	$701M	0.24%	Jan 2, 2008	0.82
NBB	Nuveen Taxable Municipal Income Fund	$474M	N/A	N/A	0.82
CMF	ISHARES CALIFORNIA MUNI BOND ETF	$4.30B	0.08%	Oct 4, 2007	0.82
EIM	Eaton Vance Municipal Bond Fund	$543M	N/A	N/A	0.82
PZA	INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF	$4B	0.28%	Oct 11, 2007	0.82
CEV	Eaton Vance California Municipal Income Trust	$78M	N/A	N/A	0.81
IIM	Invesco Value Municipal Income Trust	$581M	N/A	N/A	0.81
BSMQ	INVESCO BULLETSHARES 2026 MUNICIPAL BOND ETF	$304M	0.18%	Sep 25, 2019	0.81
CXH	MFS Investment Grade Municipal Trust	$70M	N/A	N/A	0.81
TFI	SPDR(R) NUVEEN BLOOMBERG MUNICIPAL BOND ETF	$3.10B	0.23%	Sep 11, 2007	0.81
NQP	Nuveen Pennsylvania Quality Municipal Income Fund	$447M	N/A	N/A	0.81
BSMS	INVESCO BULLETSHARES 2028 MUNICIPAL BOND ETF	$299M	0.18%	Sep 25, 2019	0.81
JMHI	JPMORGAN HIGH YIELD MUNICIPAL ETF	$271M	0.35%	Sep 17, 2007	0.81
FMHI	FIRST TRUST MUNICIPAL HIGH INCOME ETF	$950M	0.49%	Nov 1, 2017	0.81
JMSI	JPMORGAN SUSTAINABLE MUNICIPAL INCOME ETF	$364M	0.18%	Feb 9, 1993	0.81
AVMU	AVANTIS CORE MUNICIPAL FIXED INCOME ETF	$159M	0.15%	Dec 10, 2020	0.81
KTF	DWS Municipal Income Trust	$360M	N/A	N/A	0.81
DFCA	DIMENSIONAL CALIFORNIA MUNICIPAL BOND ETF	$678M	0.19%	Jun 26, 2023	0.81
NMZ	Nuveen Municipal High Income Opportunity Fund	$2.20B	N/A	N/A	0.81
MYN	BlackRock MuniYield New York Quality Fund Inc	$1B	N/A	N/A	0.81
VTN	Invesco Trust For Investment Grade New York Municipals	$159M	N/A	N/A	0.81
VPV	Invesco Pennsylvania Value Municipal Income Trust	$193M	N/A	N/A	0.81
FLMB	FRANKLIN MUNICIPAL GREEN BOND ETF	$83M	0.30%	Aug 31, 2017	0.81
CMU	MFS High Yield Municipal Trust	$96M	N/A	N/A	0.81
HYD	VANECK HIGH YIELD MUNI ETF	$4.20B	0.32%	Feb 4, 2009	0.80
MMCA	NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF	$82M	0.36%	Dec 21, 2021	0.80
HYGW	ISHARES HIGH YIELD CORPORATE BOND BUYWRITE STRATEGY ETF	$108M	0.69%	Aug 18, 2022	0.80
FMNY	FIRST TRUST NEW YORK MUNICIPAL HIGH INCOME ETF	$37M	0.49%	May 12, 2021	0.80
SHYM	iShares High Yield Muni Income Active ETF	$545M	0.40%	Mar 16, 2021	0.80
RDFI	RAREVIEW DYNAMIC FIXED INCOME ETF	$79M	4.23%	Oct 20, 2020	0.80
PNI	Pimco New York Municipal Income Fund II	$187M	N/A	N/A	0.80
MMIN	NYLI MACKAY MUNI INSURED ETF	$424M	0.30%	Oct 18, 2017	0.79